Features

CircleBack Lending is an online consumer credit lender that allows institutional investors, such as banks, pension funds and insurance companies to purchase personal loans made to borrowers with good to excellent credit. This offers prime borrowers the chance to qualify for low-interest fixed-rate unsecured loans and gives professional investors access to a high-return and low-risk investment to further diversify their portfolio.

How Does CircleBack Lending Work?

Borrowers must first create loan request detailing how much they want to borrow and whether they want a 36-month or 60-month loan term. CircleBack Investors then assess your loan request. Once your loan is approved, CircleBack Lending deposits the cash directly into your account.

What Are CircleBack Lending Interest Rates?

Interest rates vary depending on how much you borrow, the term of the loan and your credit grade. The shorter the loan term, the lower the rates. Lower loan amounts also translate into better rates. The rates available range from 6.63% to 36%. For instance a super-prime borrower with an A to B grade applying for a 36-month $20,000, could qualify for rates ranging from 6.63% to 12.82%. The same loan for a borrower with a G to H credit grade, may qualify for rates ranging from 24.06% to 36%.

How Much Money Can I Borrow From CircleBack Lending?

CircleBack lending offers loan amounts ranging from $3,001 to $35,000. A 36-month loan of $20,000 with an interest rate of 6.63% APR, will cost you $614.16 in monthly payments for a total cost of $22,181.76. The same loan with a 36% APR, will have monthly payments of $916.08 and a total cost of $32,978.88.

What Is CircleBack Lending's Application Process Like?

The application form only takes a couple of minutes to complete. If your request is approved, your money can be deposited by the next business day. In addition to interest rates, borrowers must also pay a one-time origination fee ranging from 0.99% TO 4.99% depending on their credit grade.

How Is CircleBack Lending Better Than Other Lenders?

CircleBack Lending offers borrowers with good to excellent credit with a fast and inexpensive source of credit. Interest are very competitive, even when compared to leading peer-to-peer lenders, such as Lending Club and Prosper. There are no hidden charges or prepayment penalty fees, so you can save even more on interest payments by paying early. CircleBack Lending also promises to report your monthly payments to credit rating agencies, which will further improve your score and lower your interest rates.

  • Credit bureau reporting
  • Interest APR
    6.63% - 35.82%
  • Joint loans available
  • Loan Amount
    $3001 - $35000
  • No late fees
  • Max Loan Term (Months)
    60
  • Lend to military?
  • Institution Type
    Direct Lender
  • Approval Speed (Hours)
    24
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0 votes

Terrible everything they tell you is a lie you cannot pay earlysy you cannot pay them off electronically they want 15000 in addition to original loan stay as far away from them as possible


0 votes

I THINK THIS COMPANY MAY BE GOOD AND THIS COMPANY IS HERE TO HELP


0 votes

It was very easy to get loan ....however they are very slow in reporting to the CRA..cant get them to update to correct balance ...but easy loan'


0 votes

Do not get a loan from these people. Not only are they rude, but they do not try to help you after the loan in any way. STAT AWAY FROM THEM!


0 votes

Very unhappy with this company. Steve in collections (not Steve Chester) is very rude, hateful and unprofessional. I wish I never dealt with them. I tried to work out a smaller payment amount when an unforeseen circumstance happened and was met with hostility. I finally went to a debt management/credit counseling to have them help with CB. I wouldn't recommend this company to anyone!


0 votes

I recently went through the process with CircleBackLending.com to consolidate my credit card debt. Like many of these reviews, I was asked to email a copy of my drivers license to verify. Okay, seems legit enough...one identifier for their file. So, I proceeded to email my DL. Then, I waited and within 24 hours I received another email stating they needed a copy of my SS card, passport, and a selfie with me holding my DL. I called them to question the validity of such information ... and my representative could not give me a satisfying answer. I then asked to be transferred over to the "final review" department, and she stated she could not do that. At that point, RED FLAG! RED FLAG! RED FLAG! Looking, back I should have never reached out to them for an easy fix. I emailed them to stop and cancel my loan request.

I know most of us who are searching for an easy financial answer can quickly fall to the language of experienced hustlers. The reps are just doing their jobs, but it is our responsibility to keep ourselves and family safe. Therefore, take your time, do your research, and ask questions. Finally, go with your gut!!!
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0 votes

They approved my Loan, Once I saw the results I must have laughed for 10 minutes ! They pulled my Transunion report which I monitor Twice a week and it shows 768 (Excellent) as of 5/23/2016, Circle back approved me for $20,000 and Interest rate of 35.07% In order to justify this Joke it was because Transunion score was a 698 ! Use your imagination as to what I told Circleback they could do with there LOAN !!!!!!


0 votes

Complete "jack offs' no commutation with you. Choose a different company.


0 votes

I am a real customer and in no way affiliated with Circlebank Lending. I found Circlebank's service to be exemplary. I was pre-approved, reviewed/verified and received final approval within 36 hours. Everyone I dealt with was completely professional and made the process completely transparent. There were no hidden hurdles or other issues. I highly recommend them for your banking needs.


0 votes

Great, thorough service. Do not listen to the complaints about being denied. The reason these people may have been denied is due to asking for more money than their income shows they can pay.

Your excellent credit gets you the generic offer. I've received these from various companies. I tried one and was denied. I don't remember the formula but based on my making 60k a year, no one was going to loan me over 18k dollars.

So I applied for my limit instead of the 30k offered which would ... have been half my annual salary. Getting a loan depends on asking for an amount they believe you can repay.

Getting the initial acceptance letter depends on your credit. Go for it with knowledge, not hope for luck.
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0 votes

Very deceiving!!! I was told I qualified and taken through the entire process only to be denied in the end. I was led on and I am very unhappy with the practices of this company!! Don't send me something in the mail saying that I qualify, lead me through multipe steps and processes and the deny the request! I feel lied to and decieved!!!

0 votes

A little deceptive in their practices. I received a letter indicating that I had been approved for a 30k loan based on my credit score and with an interest rate of 6.63% For the last year my husband was in school and we have lived off of our credit cards. I thought that consolidating these bills would be a tremendous help while we readied our house for sale so we could pay everything off and be debt free. My credit score,according to their site, is excellent. I ... applied for the loan and was immediately denied. I called the number they had listed and was told that "other factors" are also taken into consideration. I feel that I was deceived and lied to. More Less


0 votes

Applied online. Excellent Customer Service. Money deposited in my checking account in 36 hours! The fastest and most easy loan process.


0 votes

I have just taken out my first personal loan and i must say i am extremely impressed as to how straightforward the services is. All i had to do was applied and filled out the application form and submit it! I was then told in about 10 minutes that i was accepted and that the funds has been approved and on the way to my bank after submitting the required information's and i received a loan of $35,000 USD! Extremely impressive. Now i have my own car and also have ... my own business thanks to DANIEL SILVA LOAN INVESTMENT. Apply for your loan today without any stress with DANIEL SILVA LOAN INVESTMENT email them now on (danielsilva_investment@hotmail.com). Thanks. More Less


0 votes

Relatively painless, took only a week from start to finish.


0 votes

I usually don't write reviews but I had to let others know about this loan before they applied. My credit score is nearly 700, I figured I'd get a personal loan because I wanted to consolidate some credit cards. Very big mistake! The loan process was very simple and the money was in my bank account within a few days. The interest rate is ridiculous! My fault for not fully looking into this before applying. I applied for 6K and was approved. I can't remember the exact interest rate. Circleback lending ... deposited $5700 into my account. $300 was kept for fees. Over an 8 month period of making my $170 payments, I still owed $5745.00 If I would have paid the loan every month over the period I was financed for, it would have ended up being over 10K I saved up the money and just paid it off in full. If it literally isn't life or death, don't get a unsecured personal loan. Hopefully this helps More Less


0 votes

An excellent company with a very quick, efficient response. I'm very pleased by the entire process.


0 votes

Excellent experience, great staff, delivered everything as promised. Loan approval took longer than expected as they are very thorough, but other than that, great overall!


0 votes

Very promt in aoproving my loan. very nice people to do busineS with


0 votes

Experience was fast , professional, and did I mention fast! Lol Got my loan within a few days!

0 votes

i all redy did ecellent but i was told in begining that rate would be 9 percent apr 11 percent loan process great low fees russel c. and vyda b were great just not so happy with rate having high credit scores


0 votes

The application process was much longer than other reviewers state. It took almost two weeks for me. They requested a lot of information on top of the initial online application such as copies of pay stubs, a picture of my drivers license, confirming my bank account via a small deposit to my account and at least three phone calls. I'm a busy guy and probably could've responded to thier requests faster, but it just seemed a bit drawn out. With that said, I am very happy with the outcome, I ... got the debt consolidation loan I wanted with better terms than other companies out there. Once the application process was complete, I was funded in 24 hours. Everyone I worked with was very friendly and seemed eager to answer all my questions. They are thoughrough in their application process, but that should be expected with a loan like this. I highly recommend CircleBack lending if you're looking to see some light at the end of your debt tunnel. More Less


0 votes

Amazing experience. It took 2 days I'm so impressed with the level of customer service!


0 votes

Amazing experience. It took 2 days I'm so impressed with the level of customer service!


0 votes

GO BACK AND READ ORIGINAL REVIEWS!!!!!! This company has put a lot of time and effort into loading this site with pages and pages of fake positive reviews, hoping that people don't take the time to keep loading more reviews until they get to the ones that real customers wrote, which are mostly negative reviews. You have people who have credit scores over 750, and income over 100K who (once they were finally approved) only managed to get a 20% APR, after they were baited with marketing for 6%. ... There are loads of bad reviews here, DO NOT bypass them just because you are desperate for money and really want to believe all of the fake good reviews. You'll end up regretting it!

If you are reading this prior to deciding on whether to take out a loan, DON"T DO IT! Their interest rates are sky high, and they don't offer a way to make additional payments on the loan to keep the interest rates down. Also, in their TILD, they say that they CHARGE $15 (per instance) everytime you make a payment other than through a preauthorized direct debit from your account. So, they are unscrupulously forcing borrows to pay high interest fees in order to make money. The purpose of a loan is so that people who need it can get fast cash, with the promise to pay it back. But when they say there is no pre-payment penalty, they are lying, because there is a hidden penalty in that if you try to make more than their scheduled MINIMUM monthly payment, they charge you $15 each time. Don't take out a loan with these hucksters!
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0 votes

The process was very professional, fast easy. They had a slighter lower APR than some of the other more recognized Personal Loan companies. I would definitely recommend them to friends and family.


0 votes

CircleBack Lending was able to find me the best rate and terms compared to other more popular on-line lender programs. Their customer service is exceptional too. They walked me through the entire process with ease. I will definately use their services again, in the future, when needed. Thank you!!!


0 votes

My experience with CircleBack Lending was easy and fast. I got my money within 3 days. Excellent customer service.

Leonard Fowler


0 votes

The process to get the loan was simple and quick enough, but it went downhill from there unfortunately. I was set up on an automatic draft, but due to the change in my pay structure, I had to remove the auto draft because I wasn't always 100% sure when the funds would be available (I was never late on a payment).

I was sent information, IN WRITING, that stated that I could email Circle Back when I was ready for them to take a payment. So I ... sent my email, a week passed and the funds weren't withdrawn from my account. I call, and I'm told I can't do that - I have to send a check because they don't do anything, "haphazardly." Telling me I can email them then when I'm ready to make a payment, then saying I can't sounds haphazard to me. I forwarded the email to the rep I spoke to with no response.

So I send in my checks each month for about 2-3 months. Then, I'm told via email that there is a $5 fee to do so. It was in the fine print (fair enough) but this wasn't mentioned to me over the phone, nor was it mentioned the first 2-3 times I made my payments.

I am so grateful that I was able to pay this loan off early and be done with Circle Back. I will never get a loan with them again, and I would definitely not recommend them.
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0 votes

The process to get the loan was simple and quick enough, but it went downhill from there unfortunately. I was set up on an automatic draft, but due to the change in my pay structure, I had to remove the auto draft because I wasn't always 100% sure when the funds would be available (I was never late on a payment). I was sent information, IN WRITING, that stated that I could email Circle Back when I was ready for them to take a payment. So I sent my email, ... a week passed and the funds weren't withdrawn from my account. I call, and I'm told I can't do that - I have to send a check because they don't do anything, "haphazardly." Telling me I can email them then when I'm ready to make a payment, then saying I can't sounds haphazard to me. I forwarded the email to the rep I spoke to with no response. So I send in my checks each month for about 2-3 months. Then, I'm told via email that there is a $5 fee to do so. It was in the fine print (fair enough) but this wasn't mentioned to me over the phone, nor was it mentioned the first 2-3 times I made my payments. I am so grateful that I was able to pay this loan off early and be done with Circle Back. I will never get a loan with them again, and I would definitely not recommend them More Less


0 votes

Perfect loan experience. All information collected in less than 10 minutes, fast approval process. wonderful customer service. Highly recommend CircleBack Lending!


0 votes

Bottom line up front. I needed a loan to pay off all my old debt and lower my monthly obligation. I researched the company and there were some concerns. Listen, this actually worked. It took less than a week from the start of the process to money in my account. It saves me 300 a month from what I was paying collectively.


0 votes

Very good experience. They were the only place that had the loan terms that worked for me. The process was easy but also thorough. The people I worked with were very nice and helpful. This is a huge help to me in my current situation and I truly appreciate their assistance.


0 votes

This was the exact service I was looking for to pay down some credit card debt and could not be happier with how easy, yet secure the whole process was.

0 votes

While the process and amount of information they required to get a loan seemed a little excessive, I can understand with all the fraud happening these days. It took about a week to get my consolidation loan last year and any time I've had to call they were very easy to talk to and explain anything I had questions about.

0 votes

Best loan processing for a Financial Lending Org. so far ! Only if other FLOs can adopt the CircleBack Lending's short & concise and efficient process, cash-needed consumers would jump for joys.

0 votes

The process was clear and simple, and I was kept informed all through the loan cycle. The online system was also easy to use and performed well.

0 votes

I was very well pleased with the representatives and the process. I was given a better rate than other companies considering my temporary credit conditions. CircleBack allowed me the opportunity to consolidate and get back on top of my financial situation.

0 votes

Great customer service with a fast funding process, knowledgeable representstive. I was great fun that the loan process was explained clearly and my questions answered.

2 votes

I found myself in credit card debt with no end in sight. After attempting a loan from my credit union I was denied due to strict guidelines regarding unsecured debt and after checking with one well known company who wanted to charge astronomical interest rates, I found circle back lending. I started the very simple online application and then got a little rattled wondering if it was a scam so I called the customer representative and was assured and completed my application. The next day a loan analyst ... called to confirm my information and by that evening I had received an approval email. The funds were deposited into my account the next business day and I can now see light at the end of the 3 year tunnel instead of laying my head down at night wondering how I was going to dig myself out. My loan payment is taken monthly out of my account or you can pay 15 bucks a month for check payment. I will update in the future and I cut up every credit card into little bitty pieces!! Thanks Circle Back... Denise in South Carolina More Less

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